Go to Overview

Inside information

according to Article 17 MAR

Redaktion |

Convening of the annual general meeting on demand of HWT invest AG, Bad Brueckenau

The Management Board of Alexanderwerk AG announced by inside information dated June 24, 2024 that the Annual General Meeting 2024 could not yet be convened because a member of the Supervisory Board is currently not participating in meetings of the Supervisory Board or in resolutions of the Supervisory Board by circulation and the three-member Supervisory Board is therefore currently not quorate in accordance with Section 108 (2) Sentence 3 of the German Stock Corporation Act (AktG).

HWT invest AG, Bad Brueckenau, has then requested, pursuant to Section 122 Para. 1 AktG, that the Annual General Meeting of Alexanderwerk AG be convened at the earliest possible date with the following agenda items:

  • TOP 1: Submissions of the Management Board to the Annual General Meeting pursuant to Section 176 Para. 1 Sentence 1 AktG
  • TOP 2: Resolution on the appropriation of net profits of the financial year 2023
  • TOP 3: Resolution on the discharge of the members of the Management Board for the financial year 2023
  • TOP 4: Resolution on the discharge of the members of the Supervisory Board for the financial year 2023
  • TOP 5: Election of the auditor and the consolidated auditor for the financial year 2024
  • TOP 6: Resolution on the approval of the remuneration report for the financial year 2023
  • TOP 7: Resolution on the election of Supervisory Board members

HWT invest AG justified the request by stating that the Annual General Meeting 2024 of Alexanderwerk AG must take place within the first eight months of the financial year and that it has not yet been convened. In view of the statutory convening periods, the Annual General Meeting 2024should be convened by mid-July 2024 at the latest so that it can take place within the first eight months of the financial year. This has not happened so far and shareholders cannot be expected to wait any longer – particularly given the current inability of the Supervisory Board to pass resolutions.

HWT invest AG proposes Dr. Olaf Stiller, Marburg, and Mr. Francisco José Carlon Clemente, Remscheid, as successors to the resigned Supervisory Board members, Mr. Franz-Bernd Daum and Mr. Jürgen F. Kullmann (see the Company's inside Information of February 29, 2024 and June 11, 2024).

After carefully examining HWT invest AG's request for a meeting, the Management Board has come to the conclusion that it meets the requirements of Section 122 Para. 1 AktG and that it is obliged to comply with HWT invest AG's request for a meeting.

The Management Board will convene the Annual General Meeting at the earliest possible date. The date, the exact content of the resolution proposals of HWT invest AG, the exact location and time of the Annual General Meeting as well as further information for shareholders will be contained in the invitation to the Annual General Meeting, which the Management Board will announce in a timely manner.

Alexanderwerk AG
Management Board